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Other titles in the Brief Insights series:
Economics (Brief Insight)
Synopses & Reviews
Why are some lives—and some countries—so wealthy, and others so deprived? This apparently simple question is the starting point of Partha Dasgupta’s contemporary, intelligible introduction to economics and how it shapes our lives. Combining examples from everyday life with a global approach that considers not just the economics of the West but that of the world’s 2.4 billion poor, Dasgupta reveals how economics can give us deep insight into some of our most intractable problems—and provide solutions to them, too.
Book News Annotation:
Dasgupta (economics, U. of Cambridge, UK) provides a concise introduction to economics that focuses on the reasoning that economists use to understand the social world and problems of humanity. He uses the disparate lives of his two grandchildren--one a secure American child and the other who lives in poverty in Ethiopia--to explore the underlying causes behind different conditions of life, the role of institutions, the concept of mutual trust, markets and communities, the role of science and technology, households and firms, sustainable economic development, and social well-being and democratic government. Annotation ©2010 Book News, Inc., Portland, OR (booknews.com)
Here Partha Dasgupta, an internationally recognized authority in economics, presents readers with a solid introduction to its basic concepts, including efficiency, equity, sustainability, dynamic equilibrium, property rights, markets, and public goods. Throughout, he highlights the relevance of economics to everyday life, providing a very human exploration of a technical subject. Dasgupta covers enduring issues such as population growth, the environment, and poverty. For example, he explores how the world's looming population problems affect us at the local, national, and international level.
Economics has the capacity to offer us deep insights into some of the most formidable problems of life. Here, Dasgupta goes beyond the basics to show it's innate effects on our history, culture, and lifestyles.
About the Author
PARTHA DASGUPTA is the Frank Ramsey Professor of Economics at University of Cambridge. He is also a fellow of the British Academy and Royal Society as well as a Foreign Member of the U.S. National Academy of Sciences and former president of the Royal Economic Society and European Economic Association. In 2002, Dasgupta was named Knight Bachelor by her Majesty Queen Elizabeth II for services to economics.
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